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$344,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2.5 Car Garage
  • Updated 3 days ago
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Well-maintained legal 2-unit building located at 312 S Spencer St, Aurora, IL. Each unit features 2 bedrooms and 1 bathroom, offering comfortable layouts and strong rental potential. The property also includes a finished basement with 2 additional bedrooms and 1 full bathroom, providing extra living space that could be ideal for extended family, recreation, or additional rental possibilities (buyer to verify compliance). Exterior features include a long driveway with ample off-street parking, making it convenient for multiple occupants. Great opportunity for investors or owner-occupants looking to live in one unit while generating income from the other. Located near schools, shopping, dining, and with easy access to major roads and transportation.Well-maintained legal 2-unit building located at 312 S Spencer St, Aurora, IL. Each unit features 2 bedrooms and 1 bathroom, offering comfortable layouts and strong rental potential. The property also includes a finished basement with 2 additional bedrooms and 1 full bathroom, providing extra living space that could be ideal for extended family, recreation, or additional rental possibilities (buyer to verify compliance). Exterior features include a long driveway with ample off-street parking, making it convenient for multiple occupants. Great opportunity for investors or owner-occupants looking to live in one unit while generating income from the other. Located near schools, shopping, dining, and with easy access to major roads and transportation.

Full Property Details for 312 S Spencer St

General

  • Price: $344,500
  • Taxes: $3,773 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12586101
  • Updated: 3/7/2026
  • Added to Site: 3 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Water Heater-Gas
  • Other Features: School Bus Service

Parking

  • Garage: Yes
  • Garage Spaces: 2.5
  • Total Spaces: 4
  • Parking Features: Yes, Garage Owned, Detached, Owned, Garage

Location

  • Area: Aurora / Eola
  • County: Kane
  • Township: Aurora
  • Driving Directions: From Galena heading east, take a right on Spencer st., straight to property on left.

School Information

  • School District: 131
  • Elem School District: 131
  • Midd School District: 131
  • High School District: 131
  • Elementary School: John Gates Elementary School
  • Middle School: Henry W Cowherd Middle School
  • High School: East High School
  • Private School: East High School

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Year Built: 1904
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 146 x 41 x 146 x 40

Financial Considerations

  • Assessment Year: 1904
  • Tax Amount: $3,773.58
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Standard
  • Property ID: 1527278006

Listed by RE/MAX Mi Casa

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— 312 S Spencer St —

  • RE/MAX Mi Casa

(630) 415-9109

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 312 S Spencer St

School District:Aurora East Unit School District 131
NameGradesDistance
John Gates Elementary School
800 7th Avenue, Aurora, IL 60505
PK-50.6 mi
K D Waldo Middle School
56 Jackson Street, Aurora, IL 60505
6-80.3 mi
East High School, Aurora, IL
500 Tomcat Lane, Aurora, IL 60505
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 312 S Spencer St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/07/2026
Listed
$344,500
228.1%
MLS
7/08/1999
Sold
$105,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 312 S Spencer St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,774
4%
$63,047
12%
2023
$3,612
5%
$56,332
10%
2022
$3,449
2%
$51,398
7%
2021
$3,379
—
$47,852
8%
2021
$3,379
9%
$44,447
8%
2019
$3,100
16%
$41,181
24%
2017
$2,667
-1%
$33,195
5%
2016
$2,684
11%
$31,503
16%
2015
$2,423
-26%
$27,065
-36%
2018
$3,290
39%
$42,131
69%
2014
$2,367
-29%
$24,897
-13%
2013
$3,344
—
$28,670
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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312 S Spencer Street, Aurora, IL 60505 (MLS# 12586101) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 312 S Spencer Street is currently listed for $344,500 and was received on March 07, 2026. Want to learn more about 312 S Spencer Street? Do you have questions about finding other Multi-Family real estate for sale in Aurora? You can browse all Aurora real estate or contact a Coldwell Banker agent to request more information.

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